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					                                                   Los Angeles Chapter                                                        www.FEI.org




                                                   Financial Executives International Monthly Newsletter                     February, 2004




                             GETTING SOCKED BY SOX
                                In attendance at our FEI Los Angeles Chapter dinner meeting at the Jonathan
                                Club on February 19th will be members of the Institute of Internal Auditors. Our
                                guest speaker, Michael L. Ziering will present the pros and cons of Sarbanes Ox-
                                ley and the effect it is having on a midsized, international company. Mr. Ziering
                                will be answering the following questions. How we are coping with this new legis-
                                lation? What resources are we devoting to compliance with the legislation? Will
                                it be worthwhile in the end? Who benefits from all of this?

                           Michael L. Ziering is President and CEO of Diagnostic Products Corporation
                           (DPC). Based in Los Angeles, Diagnostic Products Corporation is a worldwide
                           provider of immunodiagnostic systems and reagents. DPC's tests supply informa-
                           tion vital to the detection and management of adrenal/pituitary dysfunction, al-
                           lergy, anemia, bone metabolism disturbances, cancer, cardiovascular disease,
                           diabetes, infectious diseases, inflammation, allowing DPC to serve major clinical
                           and veterinary diagnostic areas. Through a team now numbering nearly 2,000
                           employees, DPC maintains the product quality, service and support that have
become the Company's hallmarks since its founding in 1971. In 1988, DPC began trading on the New York
Stock Exchange under the symbol DP. Sales in 2002 were $324 million, over two thirds of which were interna-
tional sales.

Mr. Michael L. Ziering was elected Chief Executive Officer in 1999. He joined the Diagnostic Products in 1986
as legal counsel, and served as Vice President – Administration from 1988 until 1994, and as President and
Chief Operating Officer from 1994 to 1999. He is graduate of UCSB and Loyola Law School.

COMING NEXT MONTH                                                    ON THE INSIDE
                                                                     •    President’s Message......................................... Page Two
                                                                     •    Career Services ................................................. Page Two
                                                                     •    In Memoriam ...................................................... Page Three
In March, we will have Jim D'Aquila of The Mercanti Group as
                                                                     •    Elsewhere in FEI................................................ Page Three
FEI's dinner speaker on March 18 at the Jonathan Club. Mr.
                                                                     •    Meeting Information.......................................... Page Three
D’Aquila will be speaking on the exciting world of mergers and ac-   •    Reservation Procedure..................................... Page Three
quisitions. Robert Half Management Resources (RHMR) contin-          •    Financial Planning ............................................ Page Four
ues on its four part series discussion on career services. RHMR      •    FEI Summit ........................................................ Page Five
will answer interesting questions, such as challenges of changing    •    Directory Changes ............................................ Page Six
from one industry to another. Additionally, KPMG is providing a      •    Calendar of Events............................................ Page Six
one-day seminar on estate planning which includes breakfast and      •    Plant Tours ........................................................ Page Six
lunch. You don’t want to miss any of these meetings next month.      •    Retired Members Luncheon............................. Page Six
                                                                     •    Area Luncheons ................................................ Page Seven
As usual, we will continue to hold the monthly luncheons on the
                                                                     •    COSO ERM Framework .................................... Page Seven
second Thursday of each month; good food and great company so        •    Friends of the Chapter...................................... Page Eight
make a reservation and enjoy.                                        •    Featured Friend ................................................. Page Eight
Page Two                                                                                 Financial Executives International


PRESIDENT’S MESSAGE                                            CAREER SERVICES


Dear Fellow FEI Members,                                       CAREER SERVICES SERIES: February - May 2004
                                                               Presented by Robert Half Management Resources (RHMR)
As the president of an FEI local chapter, I receive nu-                      Host: Ms. Lauren Hollander
merous emails informing me about the latest develop-
                                                                     (These sessions are intended for all members)
ments that have taken place within the national organi-
zation. We all can be very proud of this organization
                                                               1. Overview and “State of the Union”
with which we have chosen to affiliate. FEI is active on
                                                                                      FEBRUARY 19, 2004 (P.D. MEETING)
so many fronts that I would not be able to list them all in    Contract vs. Full Time                      5:00-6:00 PM
this letter. I would like to highlight just two: FELIX and     (CPE Credit)                    Location: Jonathan Club
legislative advocacy.                                          • Financial Statistics
                                                               • Where the Market Appears to be Heading
For our members in the private sector, FEI has initiated
a web-based question and answer community forum.               • Review of the Next Three Sessions
All members of FEI may ask any question. These ques-           • Questions/Feedback
tions are circulated to those who have expressed a will-
ingness to receive the questions. Any recipient may            2. Remember, You Were Once in Their Seat
                                                                                            THURSDAY, MARCH 25, 2004
offer an answer to a question. The answers are then
                                                               • Secrets for Successful Interviewing        7:30-9:00AM
distributed to all participants. There is no charge for this
                                                               (CPE Credit)           Location: RHMR Westwood Office
service. Recent topics have covered a wide range in-           • Questions/Feedback         Breakfast: Juice and pastries
cluding board selection, compensation and conduct;
mutual funds and 401(k) plans; audit and tax services;         3. Crossing Over Industries
capitalization of intangibles; energy cost increases;                                             TUESDAY, APRIL 20, 2004
health care cost containment; and insurance agent com-         •   Challenges of crossing over                 7:30-9:00 AM
pensation. If you want to receive the questions and an-
swers, send an email to felixpc@fei.org.                       •   How to Lower the Barriers of Entry      Location: RHMR
                                                               •   Translating one industry into another Westwood Office
This question and answer service has been so well re-          •   Questions/Feedback         Breakfast: Juice and pastries
ceived that a similar service has been launched cover-
                                                               4. How to Use Your Resume to Get in the Door and Say
ing international business and accounting issues. To
                                                               There                          THURSDAY, MAY 27, 200
subscribe to the international service, which is also free                                                7:30-9:00 AM
to FEI members, send an email to felixglobal@fei.org.          • How to Write A Winning Resume         Location:RHMR
                                                               (CPE Credit)                             Glendale Office
Those companies with defined-benefit pension plans             • Questions/Feedback       Breakfast: Juice and pastries
have an issue that may prove material to the financial
health of their firms: the valuation method applied to
pension assets and liabilities. FEI and its technical
committees have been working with congress to provide          PAPERWORK REDUCTION
a workable and reasonable solution to this issue. FEI
provides you with a strong advocate on the hill. To pro-
vide input to the committees, or to become a member of
                                                               Both paper and electronic versions of the newsletter are now
a committee and directly influence the future of legisla-      being distributed to all chapter members. If you no longer
tion that affects your company and industry, contact the       wish to receive your paper copy, please email Susanne Truitt
committee directly. Names and contact information are          at:
available at www.fei.org (select the “committees” page
on the left side-bar menu).                                                    susanne.truitt@verizon.net

I hope to see you on February 19,
                                                                              MARCH ISSUE DEADLINE:

Roger                                                                     MONDAY, FEBRUARY 23RD 5:00 P.M.
                                                                         Email copy to: hernan.hernandez@cnb.com
                                                                                  and aldecoar@aol.com
Roger Stephens,
LA Chapter President
Financial Executives International                                                                                      Page Three


IN MEMORIAM                                                         RESERVATION PROCEDURE

We are sorry to announce the passing off G. Kline Hershey,        Our preferred method of receiving your reservation for the Din-
Jr., age 84, CPA since 1949 and member of FEI since 1964,         ner Meeting and your reservation for the Professional Devel-
                      died in his home in San Marino on           opment Seminar is via the website. Go to www.fei.org/
                      January 21, 2004 in the early morn-         chapter/LA, click on “Meeting & Event Schedule," click on the
                      ing. He is survived by his daughters,       "Details" box to the right of the meeting you will be attending,
                      Michele and Karen, and four grand-          fill out the form and click "Submit registration.” Alternatively,
                      children. His wife, Madeleine died in       you may call the L.A. Chapter’s Voice Mail at 213/243-7648, or
                      June 1989.                                  e-mail Susanne Truitt at Susanne.Truitt@verizon.net Include
                                                                  your name, phone number and names of guests. Please
                        Kline was born in LA, and moved to        speak clearly. Please bring a $50 check (payable to F.E.I.)
                        Phoenix, AZ where he completed his        per guest to the meeting*. Provide your guest’s name as
                        education. He joined the Marines in       early as possible so a name tag can be prepared.
                        August 1942 upon his graduation from
                        Arizona State College . He was pro-
                        moted from private to Lieutenant
Colonel over his career with the Marines. As a marine, Kline                  RESERVATION DEADLINE FOR
was sent to the South Pacific and fought at Guadalcanal. He                    FEBRUARY 19TH MEETING
was seriously injured and spent one year in recovery at the                 MONDAY FEBRUARY 16TH 12 NOON
Navy hospital. He joined the reserves and fought in Korea.
After the Marines, he began his career as Controller, Treas-
                                                                  *Qualified applicants for membership may be admitted free to
urer, and later served Chief Financial Officer for several pub-
                                                                  their first meeting. Contact Eric Augusta at 310/670-1984 or
lic and non-public companies. Kline enjoyed FEI so much
                                                                  eaugusta@ericsoffice.com for membership information and/or
that he brought his daughter to meetings until she also
                                                                  authorization to have the guest fee waived.
joined making the first father/daughter team within FEI.
Services will were held with Marine Corp. honor at Forest         If you are bringing a guest please provide their name, com-
Lawn Hollywood Hills, Saturday, January 31, 2004 at 12:30         pany and contact Information.
pm at Church of the Hills. In lieu of flowers, Kline requested
donations in his name be sent to LA Orphan Asylum-
Maryvale (orphanage for girls) Rosemead, CA. ATT: Mary
Pat Cooper 626/280-6510.                                           MEETING INFORMATION

ELSEWHERE AREOUND FEI
                                                                                Thursday, February 19th, 2004
The Orange County chapter will hold its February dinner           4:00 Board of Directors Meeting (Room 620)
meeting on February 2, 2004, 6:00 PM. This event will be          5:00 Professional Development –Career Services Hosted
held at Sutton Place; Macarthur Blvd; Newport Beach. The               by Robert Half Management Resources (4th floor Alex
speaker will be Mr. G. Michael Crooch; FASB Board Mem-                 ander Room)
ber, who will discuss upcoming FASB initiatives. For addi-        6:00 Networking Opportunities (3rd Floor Reagan Dining
tional information and to make a reservation, go to                    Room)
www.fei.org                                                       6:45 Dinner Meeting—Michael Zeiring, Benefits of Sox?
The Inland Empire’s February chapter meeting will be held
as a lunch meeting on February 18, 2004 beginning at 11:00                           The Jonathan Club
AM. This meeting will be held at the Ontario Doubletree Ho-                         545 S. Figueroa, L.A.
tel, 222 N Vineyard Ave., Ontario. For additional informa-                   Figueroa & 6th Street, Parking $5.25
tion, go to www.fei.org
                                                                  Directions to Jonathan Club: From 110 Freeway South:
If you are traveling, you may want to check out FEI’s website     Exit Wilshire, left on Wilshire, left on Figueroa, pass 6th
to see if another chapter is holding an event in the city where   Street, left into Jonathan Club garage. From 110 Freeway
you will be. For example, the Chicago chapter will hold its       North: Exit 9th Street, left on Figueroa, pass 6th Street, left
February meeting on February 19, 2004 at 5:00 PM. The             into garage.
featured speaker will be Robert L. Parkinson, Jr., Dean of
Loyola University Chicago's School of Business Administra-        Dress Code: Coat and tie for gentlemen. Formal daytime
tion and Graduate School of Business. This event will be          attire for ladies; pantsuits permitted.
held at the Mid-Day Club, Bank One Plaza, 10 S. Dearborn
St., 56th Floor, Chicago. The fee is $65.00. A Professional                    PLEASE MAKE A RESERVATION
Development meeting will be held at 3:00 PM. Reservations                   (See Above for Reservation Procedures)
may be made at www.fei.org
Page Four                                                                                   Financial Executives International


 FINANCIAL PLANNING SEMINAR                                         Journal and Standard and Poor’s The Outlook. He has also
                                                                    written for the Estate Planning, Trust and Probate News pub-
 Three Dynamic Speakers scheduled for Estate and Finan-             lished by the State Bar of California. He is a frequent semi-
 cial Planning Seminar!                                             nar speaker on topics involving tax and estate planning
 FEI is once again sponsoring a Financial and Estate Planning       strategies. He has spoken to the LA Chapter of FEI on sev-
 Seminar. It will be held Saturday, March 20, 2004 at the           eral occasions.
 KPMG offices downtown from 9:00AM to 4:00PM. KPMG is
                                                                    Mr. Gil Hess, JD, Divisional Director, Wealth Planning Ser-
 providing breakfast and lunch for all participants so there will   vices, Smith Barney/Citigroup, frequently is asked to speak
 be no charge. Dress will be casual. Topics will include the        to all types of professional organizations. He has taught fi-
 latest issues and updates that everyone needs to know. If          nance and law at various colleges and has published articles
 you haven’t done a plan, you need to be thinking about it. If      in Orange County Lawyer Magazine and Los Angeles Busi-
 you have done a plan, changes may be needed due to                 ness Journal.
 changes in the law.
                                                                    Ms. Suzanne Black is a Senior Manager in KPMG LLP’s
 Topics Include:                                                    Los Angeles office’s Personal Financial Planning practice
 Use of LLC and FLP in Estate Planning                              and has been with the Firm for ten years. She is a member
 Use of Various Trusts                                              of the State Bar of California and holds a Masters in Taxa-
 Planning for Second Marriages, Children and Grandchildren          tion from USC. Ms. Black is involved in KPMG’s Strategic
 Estate and Gift Taxes                                              Consulting Group, focusing on high-level value-added tax
 Financial and Retirement Planning, Wealth Management               planning for individuals, corporations and flow-through enti-
 Featured speakers:                                                 ties.

 Mr. J. Peter Wakeman, President of Wakeman Law Group               Spouses and guests are welcome, and the seminar is good
 Inc., a California law firm, concentrates in the area of estate    for six CPE credits. To register, go to the FEI website at
 and tax planning for high net worth individuals. He has writ-      http://www.fei.org/chapter/LA/meetings.cfm or call Lucinda
 ten extensively on estate and tax planning and has been            Hill (562-907-4727) or Al Herzog (562-907-4716) with any
 quoted by publications such as the Los Angeles Times, Wall         questions.
 Street Journal, Los Angeles Daily

                                                            Paid Advertisement
Financial Executives International                                                                            Page Five


 THANK YOU                                                                 FEI SUMMIT
                                                                              2004 Financial Executives Summit
       The Los Angeles Chapter thanks ROBERT HALF MANAGE-                       Sailing Toward a New Horizon
       MENT RESOURCES for its generous sponsorship of our 2003-             Manchester Grand Hyatt, San Diego, CA
       2004 Annual Directory. As a National Strategic Sponsor and local   Saturday, April 24
       Friend of the Chapter, ROBERT HALF MANAGEMENT RE-
       SOURCES has consistently supported the membership and pro-         Sailing on the San Diego Bay Tour
       fessional services goals of FEI’s Los Angeles Chapter.
                                                                          Sunday, April 25 through Tuesday, April 27
                           Paid Advertisement                             Summit with the following guest speakers:
                                                                          • David J. Bowman,
                                                                          Chairman, TTG Consultants/ Lincolnshire
                                                                          • Dr. Arthur B. Laffer,
                                                                          Founder & Chairman, Laffer Associates
                                                                          • John Connors,
                                                                          Senior Vice President & CFO, Microsoft Corpo-
                                                                          ration
                                                                          • James A. Schneider,
                                                                          Senior Vice President & CFO Dell Inc.
                                                                          • Sam DiPiazza,
                                                                          Chief Executive Officer PricewaterhouseCoop-
                                                                          ers
                                                                          • Ari Fleischer,
                                                                          Former White House Press Secretary
                                                                          • Lynn Turner,
                                                                          Professor, Colorado State University & Manag-
                                                                          ing Director of Research Glass Lewis
                                                                          • Thomas M. Siebel,
                                                                          Chairman & CEO, Siebel Systems
                                                                          • The Honorable Susan Schmidt Bies,
                                                                          Member Board of Governors of the Federal
                                                                          Reserve System
                                                                          • Steve Forbes,
                                                                          President & CEO of Forbes and Editor in Chief
                                                                          of Forbes Magazine
                                                                          • Don Soderquist,
                                                                          Senior Vice Chairman and COO (retired) Wal-
                                                                          mart Stores
                                                                          Discounted registration fee of $645 expires
                                                                          March 5, 2004. The fee increases to $895
                                                                          thereafter. Further information is available at
                                                                          www.fei.org
                                                                          Wednesday, April 28
                                                                          FEI Golf Tournament at Steele Canyon Golf
                                                                          Club

                                                                          NEWSLETTER ADVERTISING

                                                                                     HOW TO ADVERTISE
                                                                          To place an advertisement in this newsletter,
                                                                          contact or Hernan Hernandez at 310/417-5776
                                                                          or hernan.hernandez@cnb.com Advertise-
                                                                          ments are due by the middle of the preceding
                                                                          month. Half page ads cost $200 per insertion;
                                                                          quarter page ads cost $150 per insertion.
Page Six                                                                                        Financial Executives International

 DIRECTORY CHANGES
                                                                           CALENDAR OF EVENTS
 Brill, James                      Spinella, Carmelo
 VP Finance and CFO                SVP & CFO
 Diagnostic Products Corp.         21st Century Insurance Group                                LOCAL EVENTS
 Office Address (preferred):       Office Address (preferred):
 5700 W. 96th Street               6301 Owensmouth Ave.                   Feb 12    Area Luncheon
 Los Angeles, CA 90045             Woodland Hills, CA 91367-2216          Feb 19    Professional Development Seminar – Career Ser-
 Phone: 310/645-8200               Phone: 818/704-3533                              vices Workshop
 Fax: 310/645-9999                 Email: mel.spinella@21st.com           Feb 19    Dinner Meeting— Speaker Michael Ziering, Chair-
 Email: jbrill @dpconline.com      Home Address:                                    man/CEO of Diagnostic Products
 Home Address:                     1307 Highland Pass Road                Mar 11    Area Luncheon
 550 Frontera Drive                Chino Hills, CA 91709                  Mar 18    Professional Development Seminar
 Pacific Palisades, CA 90272       Phone: 714/473-8609                              Dinner Meeting—Jonathan Club—Jim D’Aquila—
 Phone: 310/645-8200                                                                Mergers and Acquisitions
                                   Werbe, Eve                             Mar 20    Saturday—Financial and Estate Planning Seminar
 Kastner, Chrisptopher             CFO                                    Mar 25    Career Services Workshop—Remember, You Were
 Director Strategic Transactions   Spectrum Construction                            Once in Their Seat
 Northrop Grumman Corporation      Office Address (preferred):            Apr 08    Area Luncheon
 Office Address (preferred):       6800 Owensmouth Ave.,                  Apr 20    Career Services Workshop– Crossing Over Indus-
 1840 Century Park East            Suite 150                                        tries
 Los Angeles, CA 90067             Woodlands Hills, CA 91303              Apr 24    Spring Social—Bel Air Country Club
 Phone: 310/201-3370               Phone: 818/577-4830                    May 13    Area Luncheon
 Fax: 310/201-3494                 Fax: 818/992-6400                      May 20    Professional Development Seminar
 Email: chris.bastner@ngc.com      Email:                                           Dinner Meeting—Jonathan Club– Bill Coffin—
                                   ewerbe@spectrumconstruction                      Investor Relations
                                   .com                                   May 27    Career Services Workshop —How to Use Your Re-
                                   Home Address:                                    sume to Get in the Door
                                   6900 Royer Ave.                        Jun 10    Area Luncheon
                                   West Hills, CA 91307                   July 08   Area Luncheon
                                   Phone: 818/999-1611                    Aug 12    Area Luncheon
                                   Email: evespunt@aol.com                Aug 14    Hollywood Bowl Picnic and Concert
                                                                          Sep 09    Area Luncheon
 PLANT TOURS                                                              Sep 23    Professional Development Seminar
                                                                                    Dinner Meeting—Jonathan Club
 We will resume our highly successful program of special tours for        Oct 14    Area Luncheon
 FEI members at company sites around the greater Los Angeles              Oct 21    Professional Development Seminar
 Area. If you are willing to arrange a tour of your facility for a lim-             Dinner Meeting—Jonathan Club
 ited number of fellow FEI members, or if you are interested in           Nov 11    Area Luncheon
 touring the facilities of a particular company and would like FEI to     Nov 18    Professional Development Seminar
 arrange the tour, please contact John Gwynn at                                     Dinner Meeting—Jonathan Club
 JGwynn@socal.rr.com.                                                     Dec 09    Area Luncheon
                                                                          Dec 13    Annual Holiday Party

 AREA LUNCHEONS                                                                              NATIONAL EVENTS

 The Los Angeles Chapter of the FEI includes members from a               Mar 8       Core Competencies for Financial Executives,
 large geographical area. Although we currently have three suc-                       LeParker Meridien Hotel, New York City, NY
 cessful monthly area luncheons in Pasadena, Playa del Rey, and           Mar 23 -24 A Vision for Tomorrow’s Treasurer—The Plaza,
                                                                                      New York City, NY
 Burbank, we have room to expand the program to include at least          April 25-28 Financial Executives Summit—San Diego, CA -
 one additional monthly luncheon, possibly in the Woodland Hills                      Manchester Grand Hyatt
 or Ventura area. If you are interested in putting together such a        Jun 24      North American Rendezvous, Quebec City, Que-
 luncheon, please contact John Gwynn at JGwynn@socal.rr.com.                          bec
                                                                          Sep 12-14 Forum on Finance & Technology—Sheraton Ho-
 RETIRED MEMBER ANNUAL LUNCHEON                                                       tel, Chicago, IL
                                                                          Nov 8-9     Current Financial Reporting Issues, New York
                         Featured Speaker                                             Hilton Hotel, New York, NY
                  Laura Crocitto, MD, City of Hope
 The Annual Luncheon for all Retired FEI Members will be held on
 Thursday, February 5, 2004 at the Oakmont Country Club in                DRIVERS WANTED
 Glendale. We are fortunate to have Dr. Laura Crocitto as our
 speaker. Dr. Crocitto is a world-renowned research urologist who         Please contact John Marshall at 310/472-8907 or email
 will bring us up to date on the latest treatments for prostate can-      address jmarsh2483@aol.com, if you would be inter-
 cer.                                                                     ested in providing or receiving a ride to the evening
 If you have not yet made your reservation, please call Ted Perrine       meetings at the Jonathan Club.
 at 626/ 799-7584. Please save February 5, 2004 to get together
 with your friends and hear Dr. Crocitto.
Financial Executives International                                                                                    Page Seven


 COSO ERM FRAMEWORK                                                Enterprise Risk Services practice based in Los Angeles, and is
                                                                   the Pacific Southwest regional leader responsible for rolling
  Two Professional Development Seminars This Month                 out the firm's Sarbanes-Oxley technology. James has over 12
                                                                   years internal audit experience conducting and managing op-
  There will be TWO PD seminars this month at 5:00 pm.             erational, financial and information systems audits. He also
  FEI's seminar is scheduled as normal in the Alexander            has practical, hands-on experience with implementing internal
  room on the 4th floor. This month's seminar will be the          control programs to meet Sarbanes-Oxley section 302 and 404
  first in a series of meetings presented by RHMR. The             requirements.
  topic will be on career management and will cover items
  such as a comparison of contract vs. full time employment,
  financial statistics, where the employment market appears        AREA LUNCHEONS
  to be heading, and a brief overview of the sessions that
  follow in the next three months.
                                                                   All members are encouraged to attend one of the area
  At the same 5:00 hour, the Institute of Internal Auditors will   luncheons on Thursday, February 12TH at the addresses
  hold a PD seminar in room 723 presented by Deloitte and          listed below. Feel free to bring a guest and join members in an
  Touche. James Cascone will provide an overview of the            informal exchange of ideas.
  COSO (Committee of Sponsoring Organizations of the
                                                                        Downtown/Pasadena/Claremont/Glendale 12:00
  Treadway Commission) Internal Control - Integrated                     University Club, 175 N. Oakland Ave., Pasadena
  Framework and will introduce the new COSO ERM                            Information: Ranney Adams 626/446-2563
  Framework. This presentation will define internal control,
  addresses internal control myths, provides a history of                            West Side/South Bay 12:00
  internal control, gives a breakdown of the COSO Inte-                      La Marina Inn, 119 Culver Blvd., Playa Del Rey
  grated Control Framework, outlines the relationship of in-                    Information: Frank Cribbs 310/207-9479
  ternal control with risk management, the implications of                       San Fernando Valley 12:15
  the Sarbanes-Oxley Act of 2002, and the various roles and            Smoke House Restaurant, 4420 Lakeside Dr., Burbank
  responsibilities involved with COSO.                                    Information: Bill Sleeper 213/680-1230 x225
  James Cascone is a Senior Manager in Deloitte's Audit
                                                                       PLEASE BRING CASH TO PAY FOR YOUR LUNCH
                                                        Paid Advertisement
   FINANCIAL EXECUTIVES INTERNATIONAL
   Los Angeles Chapter
   Box 131
   1827 Ximeno Ave.
   Long Beach, CA 90815


   2003-2004 Officers and Directors
   President             Roger Stephens
   Vice Presidents       Jordon Burkart, Lucinda Hill
   Secretary             Ed McIntyre
   Assistant Secretary   Allen Arroyo
   Treasurer             Peter Allman-Ward
   Assistant Treasurer   Jon Myers

   Directors             Jim Burk         Jay Panzica
                         Augie DeLuca     Ted Perrine
                         Fred Findley     Fred Silny
                         Hernan Hernandez
                         Ed Hupp
                         Dick Jackson
                         John Marshall
                                                                   FIRST CLASS MAIL
                         Ken Merchant


ADDRESS SERVICE REQUESTED




FRIENDS OF THE CHAPTER                                                   FEATURED FRIEND
Friends of the Chapter membership is open to companies that
maintain relationships with Chief Financial Officers and other senior
                                                                                               CRESA Partners
financial executives. Friends of the Chapter agree to send a senior      As one of the largest international real estate firms exclu-
representative to our dinners and meetings, and to bring a CFO or        sively representing corporate space users, CRESA Partners
senior financial officer from one of their clients who is not a member
                                                                         operates as trusted, long-term advisors. Choosing not to
of FEI.
                                                                         represent landlords, CRESA Partners avoids potential con-
     CURRENT FRIENDS OF THE CHAPTER ARE:                                 flicts and always serves your best interests. By offering com-
AIG                                     Parson Consulting
                                                                         prehensive, fully integrated services, its approach is strategic
 Mayra E. Guffin, 213/689-3770           Bob Trine, 310/443-4114         rather than deal-oriented—delivering customized solutions
                                                                         that keep your real estate aligned with your business plan.
Analysis Team Inc.                      PondelWilkinson MS&L
 Dave Stark, 818/557-0396                Roger Pondel, 323/866-6006      CRESA Partners’ focus is on producing quantifiable client
Aon Risk Services of                     Linda Press, 323/866-6039       benefits. Its success is due to our partnership approach and
Southern California                     PricewaterhouseCoopers           collaborative culture, delivering results that save clients time
 Leslie Curry, 800/352-2230              Doug Ashworth, 213/356-6029     and money.
Capital Resource & Consulting Resources Connection
 Mindy Kaplan, 800/610-4002
                                                                         Founded in 1998 with the merger of four regional tenant-
                                 Liz Dick, 213/689-4140                  representation firms, CRESA Partners has evolved into a
Clark Consulting                Robert Half Management                   multi-national organization with coverage in more than 125
 Abe Garver, 213/438-6456       Resources                                cities and 35 countries. In North America, CRESA Partners
Comerica Bank                    Lauren Hollander, 818/553-              utilizes the strength of 46 offices throughout the US and
 Tom Kelly, 562/590-2530        1353
                                                                         Canada. For international requirements, CRESA Partners
CRESA Partners                   Frances Moreno, 310/209-6855
 Dave Toomey 310/207-1700                                                has an exclusive agreement with one of the world's largest
                                RSM McGladrey                            corporate real estate groups, ATIS REAL. Through a dedi-
Deloitte & Touche LLP             Dean Joaquin, 626/405-4251             cated single point of accountability, the company ensures
 Ramon Machado,
                                Thomson DBM                              consistency while providing local-market expertise on a
 213/996-6387
 Michael Spindler, 213/688-4135
                                  Jo-Anne Smith, 818/884-4440            global scale.
                                  Diane Saunders, 310/665-3216
The David Lewis Company                                                  For more information, contact Dave Toomey at 310/207-
 David Lewis, 818/595-3200      TMP/Hudson Global Re-
                                sources                                  1700, and visit CRESA Partners at www.cresapartners.com
KPMG LLP                        Fred M. Capalby, 310/321-3233
 Scott London, 818/227-6910

				
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